A president of the United States promises to produce more defense goods without any decreases in the production of other goods. This promise can be valid
A) if the United States is producing at a point on its production possibilities frontier.
B) if the United States is producing at a point inside its production possibilities frontier.
C) if the United States is producing at a point beyond its production possibilities frontier.
D) only if the production possibilities frontier shifts rightward.
Correct Answer:
Verified
Q29: Production points inside the production possibilities frontier
A)
Q30: Suppose the country of Popcorn produces only
Q31: A country that must decrease production of
Q32: Q33: A society that is producing on its Q35: If a society is operating at a Q36: Using the production possibilities frontier model, unemployment Q37: If production point is inside the production![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents